Econocasts

Tuesday, May 30, 2017

2017.05.26 Silver Cycle Model Chart

2017.05.26 Silver Cycle Model Chart

The silver cycle model is performing well, as can be seen from the previous iteration below and on the blog. A Spring peak in price was anticipated. If the model is correct, we should see a temporary low in the August/September time frame. As expected, the turning points are better predicted than the magnitude at the turning points, something to keep in mind when interpreting these cyclical models.